Last night I dumped a bunch of Bitcoin Gold and I definitely moved the price by more than 1%. However, it was only on that exchange and it was only temporary.
I learned two things:
1. Even after the price drops from dumping, it can go right back up.
2. Dumping definitely lowers the price for you, but not necessarily for anyone else.
Topic: How much money is needed to manipulate Bitcoin's price by 1%? (Read 767 times)
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
Well you could move it by 1% on a single exchange, but to move the whole market by 1% u would definitely need at least tens of millions of dollars.
Back then we saw bitcoin absorb a 30000 BTC massive dump without major problems:
https://www.youtube.com/watch?v=-uX_bB_4VJk
Nowadays the liquidity is so big that you would need a ton of money to create a manipulation worth paying attention to, and that is exactly what governments are doing. Tey are scaring noobs away, and taking their cheap BTC on each dip. They don't want people to be holding BTC on it reaches $1MM a coin.
December 23, 2017, 10:21:39 PM
i'm not expert but actually it think when i watch carefully at pending order at my local exchanger this is not too difficult and not need too much money
as long as no other whales make opposite pending order position
for example, when current price is 13k USD and you want to make price move 1% to 13.013k you just buy litle by litle and set pending ordey buy on your target price
CMIIW
as long as no other whales make opposite pending order position
for example, when current price is 13k USD and you want to make price move 1% to 13.013k you just buy litle by litle and set pending ordey buy on your target price
CMIIW
December 23, 2017, 06:59:28 PM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
Thus is one of the reasons why I don't like to believe in whales even though I know there would be some form of existence of their activities but to calculate how much they have to put in a lot of money but whales don't intend to effect a 1% change in price whether to increase or reduce rather higher percentage is hat matters today the price of bitcoin has increased minimum 97% over the last few months and at lease say 30% could be attributed to the whales. How much money would be needed, I don't know.
December 23, 2017, 06:28:27 PM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
The price goes up via supply and demand. In this case the supply includes BTC owners who are willing to sell. If people want to buy but no one wants to sell then the price will rise.
There is no way of saying if x dollars come in then the price rises y percent.
December 23, 2017, 06:05:19 PM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
A few billion US dollars for sure,but it`s not about how much money you have to put into this.The important thing is to spread rumors around the majority of the cryptocurrency traders about the future bitcoin price.
The people just have to believe that the price will hit the moon next week,and they will start buying.
Anyway,it`s not that easy to manipulate the market like 2-3 years ago.
December 09, 2017, 12:44:43 PM
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
Well you could move it by 1% on a single exchange, but to move the whole market by 1% u would definitely need at least tens of millions of dollars.
Back then we saw bitcoin absorb a 30000 BTC massive dump without major problems:
https://www.youtube.com/watch?v=-uX_bB_4VJk
Nowadays the liquidity is so big that you would need a ton of money to create a manipulation worth paying attention to, and that is exactly what governments are doing. Tey are scaring noobs away, and taking their cheap BTC on each dip. They don't want people to be holding BTC on it reaches $1MM a coin.
December 09, 2017, 11:43:52 AM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
Well you could look at a graph with say 5 minute candles and look for the candles where there was a 1% swing and then look at the volume that was traded then. I would guess a couple million at least. But that doesn't include the fact that if you put some well placed offers very few may actually get filled but you may be able to influence the market to think there is resistance and the price rise or fall accordingly so with that I would say 500k perhaps.
December 09, 2017, 11:32:50 AM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
A few billion US dollars for sure,but it`s not about how much money you have to put into this.The important thing is to spread rumors around the majority of the cryptocurrency traders about the future bitcoin price.
The people just have to believe that the price will hit the moon next week,and they will start buying.
Anyway,it`s not that easy to manipulate the market like 2-3 years ago.
December 09, 2017, 10:26:10 AM
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
Well you could move it by 1% on a single exchange, but to move the whole market by 1% u would definitely need at least tens of millions of dollars.
December 07, 2017, 12:48:33 AM
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
Well you could move it by 1% on a single exchange, but to move the whole market by 1% u would definitely need at least tens of millions of dollars.
December 07, 2017, 12:35:45 AM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
Thus is one of the reasons why I don't like to believe in whales even though I know there would be some form of existence of their activities but to calculate how much they have to put in a lot of money but whales don't intend to effect a 1% change in price whether to increase or reduce rather higher percentage is hat matters today the price of bitcoin has increased minimum 97% over the last few months and at lease say 30% could be attributed to the whales. How much money would be needed, I don't know.
December 07, 2017, 12:02:40 AM
I think it is impossible to find out how it works manipulating bitcoin even in one percent and i think it's need a lot of money to do the manipulation of bitcoin in a nice way.
December 06, 2017, 10:29:34 PM
Sometimes a news is enough to influence the price. And i believe there is no one to one relationship between the invested dollars and the price of the bitcoin since there is a lot of speculative action going on which is severely influencing the current price. So it is very hard to give direct answer to your question.
Sometimes you do not even need news, I have seen the price of bitcoin going down because some people began to spread FUD all over the forum and people believe it, the worst FUD is the one that is mixed with some truth, this creates confusion among investors and worst of all it creates panic as well. December 05, 2017, 04:36:31 PM
Sometimes a news is enough to influence the price. And i believe there is no one to one relationship between the invested dollars and the price of the bitcoin since there is a lot of speculative action going on which is severely influencing the current price. So it is very hard to give direct answer to your question.
December 05, 2017, 02:56:18 PM
Has anyone calculated how much money it would take to shift the Bitcoin price with 1% in any direction? ? Can one of the Bitcoin whales comment on that?
I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
I think the main problem with such a case would be that it is very hard to say whether you succeeded to manipulate the price 1% or it just accidentally did it, for 1% is not a change at all. Well, let's try doing what you want. To calculate the needed money globally is definitely too hard. There are too many exchanges and some are too strong for somebody to make a difference there. So, let's choose an exchange that has a really small amount of btc and then try to count the needed money locally as well. Okay, TOPBTC seems like a good exchange for this purpose. In the pair LTC/BTC the trading volume is roughly $1.5k. I guess if you first buy litecoins on $800 and then transfer them to this exchange and set the price to sell all of them at once for some specific price, you are likely to make the price change. So, you just need to have more than a half of trading volume in USD to do that. I know you have to do this on several exchanges to have a better affect, but I am just curious. We have seen some pretty huge spikes and dumps lately and I am just curious to know what kind of money are needed to manipulate the price.
Let's just have a friendly discussion without going into too much detail and reveal how easy or difficult this is and how much it will cost to do that. < $1000 spikes in the price in one day, must take a lot of money? >
December 05, 2017, 02:41:13 PM
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
December 02, 2017, 10:25:20 PM
I think you should have money equally 5% price of totally Bitcoin to manupulate Bitcoin's price 1%.
December 02, 2017, 10:11:10 PM
~snip~
manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
December 02, 2017, 09:54:16 PM
You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.
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